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^GSPTSE vs. V
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^GSPTSE and V is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

^GSPTSE vs. V - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P TSX Composite Index (Canada) (^GSPTSE) and Visa Inc. (V). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

^GSPTSE:

1.14

V:

1.45

Sortino Ratio

^GSPTSE:

1.58

V:

2.01

Omega Ratio

^GSPTSE:

1.23

V:

1.30

Calmar Ratio

^GSPTSE:

1.29

V:

2.18

Martin Ratio

^GSPTSE:

5.60

V:

7.28

Ulcer Index

^GSPTSE:

2.95%

V:

4.48%

Daily Std Dev

^GSPTSE:

14.49%

V:

21.88%

Max Drawdown

^GSPTSE:

-49.99%

V:

-51.90%

Current Drawdown

^GSPTSE:

0.00%

V:

0.00%

Returns By Period

In the year-to-date period, ^GSPTSE achieves a 5.03% return, which is significantly lower than V's 15.92% return. Over the past 10 years, ^GSPTSE has underperformed V with an annualized return of 5.62%, while V has yielded a comparatively higher 18.88% annualized return.


^GSPTSE

YTD

5.03%

1M

7.35%

6M

4.34%

1Y

15.61%

5Y*

12.20%

10Y*

5.62%

V

YTD

15.92%

1M

10.96%

6M

18.31%

1Y

31.30%

5Y*

14.65%

10Y*

18.88%

*Annualized

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Risk-Adjusted Performance

^GSPTSE vs. V — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^GSPTSE
The Risk-Adjusted Performance Rank of ^GSPTSE is 9393
Overall Rank
The Sharpe Ratio Rank of ^GSPTSE is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPTSE is 9090
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPTSE is 9191
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPTSE is 9494
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPTSE is 9595
Martin Ratio Rank

V
The Risk-Adjusted Performance Rank of V is 9090
Overall Rank
The Sharpe Ratio Rank of V is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of V is 8686
Sortino Ratio Rank
The Omega Ratio Rank of V is 8888
Omega Ratio Rank
The Calmar Ratio Rank of V is 9494
Calmar Ratio Rank
The Martin Ratio Rank of V is 9191
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

^GSPTSE vs. V - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P TSX Composite Index (Canada) (^GSPTSE) and Visa Inc. (V). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current ^GSPTSE Sharpe Ratio is 1.14, which is comparable to the V Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of ^GSPTSE and V, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

^GSPTSE vs. V - Drawdown Comparison

The maximum ^GSPTSE drawdown since its inception was -49.99%, roughly equal to the maximum V drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for ^GSPTSE and V. For additional features, visit the drawdowns tool.


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Volatility

^GSPTSE vs. V - Volatility Comparison

The current volatility for S&P TSX Composite Index (Canada) (^GSPTSE) is 2.21%, while Visa Inc. (V) has a volatility of 5.47%. This indicates that ^GSPTSE experiences smaller price fluctuations and is considered to be less risky than V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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